Inventory Accounting Manger

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The Inventory Accounting (IC) Manager is responsible for the overall integrity and accuracy of Micro Center’s InventoryReporting. This includes ensuring that the Inventory Sub Ledger system (IPMS) accurately reflects the status of the company’s physical inventory. The IC Manager will supervise a staff of two Accountants and also be responsible for the General Ledger accounts relating to inventory as well as the Profit & Loss Statement accounts relating to Sales and Gross Margin.

MAJOR RESPONSIBILITIES:

The IC Manager will coordinate Physical Inventories, which will be taken twice eachyear.

IPMS Merchandise Sales: Ensure processes are in place to validate Sales reporting and interaction of POS Systems, the Distribution System and IPMS.

Cost of Sales: Ensure processes and procedures are in place to accurately track, record, and validate all Costs of Sales recorded in the IPMS system. Ensure procedures are in place to accurately account for entries to the accounting systems that affect COGS accounts.

Merchandise Inventory: Ensure Financial Control Reports are in place that report and validateinventory movement and changes in cost.

Physical Inventory: Coordinate the taking of Physical Inventory ensuring that all inventory is counted, adjusted and reported properly

Maintain and modify when necessary reports reflecting daily sales and COGS for all divisions of Micro Electronics, Inc.

Ensure that there are means of validating information received from all systems; IPMS, the POS systems, the Distribution System, and the GL System. Ensure that these systems communication is accurate and balanced.

Coordinate Physical Inventory taking with Third Party Vendors, MIS, Retail Operations, Distribution Center, and Purchasing Departments. Ensure that all inventory is accounted for, properly counted, and report the results of the Physical Inventory to the company.

Approve Invoices and Check Requests coded to Margin Accounts and Physical Inventory accounts. Ensure proper steps have been taken to control these accounts.

Document all systems and make recommendations for improvement and efficiencies.

Supervise a staff of InventoryAccountants who will assist in accomplishing all of the tasks the Manager is responsible for.

All other duties as assigned.

EDUCATION & EXPERIENCE:

Bachelor’s Degree (preferably in Accounting or Finance) or equivalent experiencerequired

Five years related experience working with IPMS (or similar InventoryLedger system), bookkeeping, accounting, or otherinventory related experiencerequired

Advanced level Excel skills required.

High level mathematical, analytical, problem solving skills required

Strong PC skills including work with Word, Access and others highly preferred

Ability to organize diverse workloads and communicate clearly with other areas of the organization highly preferred